$ETH Signal】Short position: rebound to the upper boundary of the 4H zone + buying pressure not pushing the price higher


$ETH Order book depth ratio 5.99, buy orders stacking but unable to push the price, sideways consolidation at 2128. The 4H Bollinger upper band at 2144 acting as resistance, lower band at 2103 as support, MACD bullish momentum continues to shrink. 1H candlesticks with consecutive small bodies, trading volume suddenly drops to 746, market waiting for direction.
🎯Direction: Short (Pending order)
⚡Entry/Order: 2194.31
🛑Stop loss: 2211.87
🚀Target 1: 2159.20
🚀Target 2: 2141.65
🛡️Trade management:
- After reaching Target 1, reduce position by 50%, move stop loss down to entry price. If the price falls below Target 2, hold the remaining position.
Depth logic: Depth is imbalanced but price is stagnating, indicating strong selling pressure at high levels. Once the 4H Bollinger bands narrow and volume breaks below the midline at 2123, bears will accelerate. The current risk-reward ratio is reasonable, wait for a rebound to the top of the zone before re-entering.
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